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VISION CONTROL APPLICATION: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

VISION CONTROL APPLICATION

BE 0454.097.976
NACE 33.200, Installation of industrial machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,858
2024 · €3,580-€20,438
Equity
€27,147
2024 · €44,005-€16,858
Cash
€8,825
2024 · €13,345-€4,520
Balance sheet total
€28,077
2024 · €45,573-€17,495

Largest movements

2024 to 2025
Assets
  • Stocks and contracts -€13,938

    down €13,938 (-65.6%), from €21,244 to €7,306

  • Cash -€4,520

    down €4,520 (-33.9%), from €13,345 to €8,825

    mainly Net result for the year (-€16,858) and Receivables within one year (-€1,298)

  • Receivables within one year +€1,298

    up €1,298 (+26.5%), from €4,905 to €6,203

Equity and liabilities
  • Profit (loss) carried forward -€16,858

    down €16,858 (-20.7%), from -€81,573 to -€98,431

Income statement
  • Gross operating margin -€20,792

    down €20,792, from €5,094 to -€15,698

  • Depreciation -€383

    down €383 (-53.3%), from €719 to €336

From the 2024 result to the 2025 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2024 €3,580
Gross operating margin -€20,792
Staff costs -€0
Depreciation +€383
Other operating charges -€17
Financial income +€43
Financial charges -€1
Taxes -€53
Result 2025 -€16,858

Cash bridge derived

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€4,520
Investment €0
Financing €0
Cash 2024 €13,345
Net result for the year -€16,858
Depreciation +€336
Stocks and contracts +€13,938
Receivables within one year -€1,298
Trade debts -€438
Tax, wage and social debts -€200
Cash 2025 €8,825
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €45,573 €28,077 -€17,495 -38.4%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €4,390 €4,054 -€336 -7.6%
Intangible fixed assets 21 €0 €0 =
Tangible fixed assets 22/27 €672 €336 -€336 -50.0%
Furniture and vehicles 24 €672 €336 -€336 -50.0%
Financial fixed assets 28 €3,718 €3,718 = 0.0%
Current assets 29/58 €41,183 €24,023 -€17,159 -41.7%
Stocks and contracts in progress 3 €21,244 €7,306 -€13,938 -65.6%
Stocks 30/36 €21,244 €7,306 -€13,938 -65.6%
Amounts receivable within one year 40/41 €4,905 €6,203 +€1,298 +26.5%
Trade receivables 40 €4,905 €6,203 +€1,298 +26.5%
Current investments 50/53 €1,689 €1,689 = 0.0%
Cash at bank and in hand 54/58 €13,345 €8,825 -€4,520 -33.9%
Total equity and liabilities 10/49 €45,573 €28,077 -€17,495 -38.4%
Equity 10/15 €44,005 €27,147 -€16,858 -38.3%
Contributions 10/11 €118,000 €118,000 = 0.0%
Capital 10 €118,000 €118,000 = 0.0%
Issued capital 100 €118,000 €118,000 = 0.0%
Uncalled capital 101 €0 €0 =
Outside capital 11 €0 - =
Reserves 13 €7,578 €7,578 = 0.0%
Non-distributable reserves 130/1 €5,578 €5,578 = 0.0%
Legal reserve 130 €5,578 €5,578 = 0.0%
Tax-exempt reserves 132 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€81,573 -€98,431 -€16,858 -20.7%
Amounts payable 17/49 €1,568 €931 -€637 -40.6%
Amounts payable within one year 42/48 €1,568 €931 -€637 -40.6%
Trade debts 44 €666 €229 -€438 -65.7%
Suppliers 440/4 €666 €229 -€438 -65.7%
Taxes, remuneration and social security 45 €902 €702 -€200 -22.1%
Taxes 450/3 €902 €702 -€200 -22.1%
Remuneration, social security and pensions 62 - €0 +€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €719 €336 -€383 -53.3%
Other operating charges 640/8 €511 €528 +€17 +3.4%
Gross operating margin 9900 €5,094 -€15,698 -€20,792
Operating profit (loss) 9901 €3,864 -€16,563 -€20,427
Financial income 75/76B €20 €63 +€43 +218.2%
Recurring financial income 75 €20 €63 +€43 +218.2%
Financial charges 65/66B €128 €129 +€1 +0.6%
Recurring financial charges 65 €128 €129 +€1 +0.6%
Profit (loss) for the period before taxes 9903 €3,756 -€16,629 -€20,385
Income taxes 67/77 €176 €229 +€53 +30.0%
Profit (loss) for the period 9904 €3,580 -€16,858 -€20,438
Profit (loss) for the period to be appropriated 9905 €3,580 -€16,858 -€20,438

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.